MARY K AND CLIFFORD GRUM FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MARY K AND CLIFFORD GRUM FOUNDATION (EIN 75-6454067)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-11-15
- IRS object ID
- 202403209349104260
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-15T12:52:12-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750767305 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AXLEY & RODE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1388 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759021388 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756454067 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARY K AND CLIFFORD GRUM FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARY | BusinessNameControlTxt |
| Phone | 9366313548 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759152020 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SOUTHSIDE BANK WEALTH MANAGEMENT | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 9366313548 | PhoneNum |
| Signature | 2024-11-04 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT G LINDSEY PC CPA | PreparerPersonNm |
| PTIN | P00045820 | PTIN |
| Phone | 9366346621 | PhoneNum |
| Preparation | 2024-11-04 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,749,777 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,939,850 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $264 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $264 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $930,648 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $930,648 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$274,613 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,616,499 | GrossSalesPriceAmt |
| Total Rev And Expnss | $2,596,149 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $930,912 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $6,973 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $3,486 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,487 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $86,051 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $43,026 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $43,025 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $11,931 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $21,854 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $21,817 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $37 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $135,309 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $72,579 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $50,799 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $44,941,231 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $44,941,231 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $45,076,540 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $72,579 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $44,992,030 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$42,480,391 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $858,333 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $11,295,758 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $484,946 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $484,946 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $8,361,873 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $348,290 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $340,573 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $24,789,892 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,966,962 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,289,940 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,886,649 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,044,085 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,606,054 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $40,195 | OtherAssetsBOYAmt |
| Other Assets EOY | $28,264 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $28,264 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $47,374,367 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,872,547 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,749,777 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $43,337,290 | CapitalStockBOYAmt |
| Capital Stock EOY | $23,416,052 | CapitalStockEOYAmt |
| Retained Earning BOY | $4,037,077 | RetainedEarningBOYAmt |
| Retained Earning EOY | -$16,543,505 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $47,374,367 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,872,547 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $47,374,367 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,872,547 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $47,374,367 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$42,480,391 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,025,236 | OtherIncreasesAmt |
| Subtotal | $6,919,212 | SubtotalAmt |
| Other Decreases | $46,665 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $6,872,547 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (100 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|---|---|
| LT CAPITAL LOSS ACCESS VENTURE K-1 | P | 2024-06-30 | $58,178 | -$58,178 | -$58,178 | |
| 776.542 VANGUARD HIGH YIELD TX-EX | P | 2023-09-21 | $8,286 | -$365 | -$365 | $7,921 |
| 1,183.29 FIDELITY CONTRAFUND | P | 2023-11-06 | $16,317 | $1,811 | $1,811 | $18,128 |
| 650 RAND CAP CORP | P | 2023-11-13 | $18,602 | -$10,178 | -$10,178 | $8,424 |
| 6,305.493 DELAWARE IVY MID CAP | P | 2023-12-14 | $270,197 | -$84,500 | -$84,500 | $185,697 |
| 650 RAND CAP CORP | P | 2024-01-09 | $18,602 | -$9,977 | -$9,977 | $8,625 |
| 3,000 SOUTHSIDE BANCSHARES INC | P | 2024-06-30 | $42,448 | $34,208 | $34,208 | $76,656 |
| LONG TERM CAPITAL GAIN DISTRIBUTION | P | 2024-06-30 | $166,488 | $166,488 | $166,488 | |
| 600 RAND CAP CORP | P | 2023-09-22 | $17,171 | -$9,125 | -$9,125 | $8,046 |
| 6,927.648 VANGUARD SMALL CAP INDEX | P | 2023-11-06 | $610,445 | $11,311 | $11,311 | $621,756 |
| 650 RAND CAP CORP | P | 2023-11-17 | $18,602 | -$10,286 | -$10,286 | $8,316 |
| 1,909.091 VANGUARD 500 INDEX ADMIRAL | P | 2023-12-14 | $678,945 | $152,788 | $152,788 | $831,733 |
| 8,711.38 DELAWARE IVY MID CAP | P | 2024-01-11 | $355,773 | -$96,087 | -$96,087 | $259,686 |
| 3,000 SOUTHSIDE BANCSHARES INC | P | 2024-06-30 | $42,448 | $33,552 | $33,552 | $76,000 |
| 600 RAND CAP CORP | P | 2023-07-03 | $17,171 | -$9,070 | -$9,070 | $8,101 |
| 600 RAND CAP CORP | P | 2023-09-29 | $17,171 | -$9,194 | -$9,194 | $7,977 |
| 159.432 VANGUARD EXTENDED MKT IDX | P | 2023-11-06 | $16,838 | $312 | $312 | $17,150 |
| 563.688 VANGUARD 500 INDEX ADMIRAL | P | 2023-11-20 | $204,979 | $30,276 | $30,276 | $235,255 |
| 10,400.809 VANGUARD DEVELOPED MKTS | P | 2023-12-14 | $163,743 | -$6,379 | -$6,379 | $157,364 |
| 650 RAND CAP CORP | P | 2024-01-12 | $18,602 | -$9,769 | -$9,769 | $8,833 |
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,375 | -$2,375 | $10,473 |
| 85,000 AUSTIN TX 5% 8/1/23 | P | 2023-08-01 | $85,000 | $85,000 | ||
| 600 RAND CAP CORP | P | 2023-10-03 | $17,171 | -$9,287 | -$9,287 | $7,884 |
| 1,110.403 VANGUARD 500 INDEX ADMIRAL | P | 2023-11-06 | $405,502 | $41,435 | $41,435 | $446,937 |
| 24,691.992 VANGUARD DEVELOPED MKTS | P | 2023-11-20 | $390,354 | -$29,604 | -$29,604 | $360,750 |
| 20,000 EDGEWOOD TX ISD 5% 8/15/24 | P | 2023-12-14 | $20,389 | -$389 | -$389 | $20,000 |
| 2,000 SOUTHSIDE BANCSHARES | P | 2024-01-12 | $34,450 | $26,723 | $26,723 | $61,173 |
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,605 | -$2,605 | $10,243 |
| 500 RAND CAP CORP | P | 2023-08-04 | $14,309 | -$7,659 | -$7,659 | $6,650 |
| 650 RAND CAP CORP | P | 2023-10-19 | $18,602 | -$10,144 | -$10,144 | $8,458 |
| 1,503.099 HERMES KAUFMANN SMALLCAP | P | 2023-11-06 | $110,343 | -$46,371 | -$46,371 | $63,972 |
| 650 RAND CAP CORP | P | 2023-11-24 | $18,601 | -$10,265 | -$10,265 | $8,336 |
| 650 RAND CAP CORP | P | 2023-12-15 | $18,602 | -$9,497 | -$9,497 | $9,105 |
| 32.168 FEDERATED HERMES KAUFMANN | P | 2024-01-16 | $1,443 | $856 | $856 | $2,299 |
| 3,150 SOUTHSIDE BANCSHARES INC | P | 2024-06-30 | $44,570 | $36,429 | $36,429 | $80,999 |
| 600 RAND CAP CORP | P | 2023-08-09 | $17,171 | -$9,144 | -$9,144 | $8,027 |
| 1,650.165 VANGUARD ST BOND INDEX ADM | P | 2023-10-20 | $17,921 | -$1,436 | -$1,436 | $16,485 |
| 2,407.31 FIDELITY ADV FOC'D EMER MKT | P | 2023-11-06 | $97,544 | -$32,523 | -$32,523 | $65,021 |
| 650 RAND CAP CORP | P | 2023-12-01 | $18,601 | -$10,496 | -$10,496 | $8,105 |
| 9,615.192 DELAWARE IVY MID CAP | P | 2023-12-19 | $395,051 | -$105,634 | -$105,634 | $289,417 |
| 56.869 VANGUARD INT'L GROWTH ADM | P | 2024-01-16 | $5,728 | $264 | $264 | $5,992 |
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,277 | -$2,277 | $10,571 |
| 150,000 US TREASURY NOTE 8/10/23 | P | 2023-08-10 | $145,409 | $145,409 | ||
| 2,980.994 VANGUARD LT T/E ADM | P | 2023-10-20 | $31,241 | -$2,057 | -$2,057 | $29,184 |
| 212.483 VANGUARD EMR MKTS STOCK | P | 2023-11-06 | $7,207 | -$257 | -$257 | $6,950 |
| 2,004.636 DELAWARE IVY MID CAP | P | 2023-12-06 | $56,591 | -$561 | -$561 | $56,030 |
| 1,586.853 FEDERATED HERMES KAUFMANN | P | 2023-12-19 | $116,491 | -$42,242 | -$42,242 | $74,249 |
| 650 RAND CAP CORP | P | 2024-01-24 | $12,848 | -$4,143 | -$4,143 | $8,705 |
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,793 | -$2,793 | $10,055 |
| 50,000 GOLDMAN SACHS BK 8/11/23 | P | 2023-08-11 | $50,000 | $50,000 | ||
| 2,921.525 USAA T/E INTERMEDIATE TERM | P | 2023-10-20 | $37,016 | -$2,308 | -$2,308 | $34,708 |
| 3,415.618 VANGUARD INT'L GROWTH ADM | P | 2023-11-06 | $371,759 | -$52,774 | -$52,774 | $318,985 |
| 2,487.027 FIDELITY ADV FOC'D EMG MKT | P | 2023-12-06 | $100,774 | -$32,132 | -$32,132 | $68,642 |
| 1,493.233 VANGUARD 500 INDEX ADMIRAL | P | 2023-12-19 | $449,746 | $205,619 | $205,619 | $655,365 |
| 523,000 UNITED TREASURY BILL 1/25/24 | P | 2024-01-25 | $499,543 | $499,543 | ||
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,675 | -$2,675 | $10,173 |
| 600 RAND CAP CORP | P | 2023-08-18 | $17,171 | -$9,389 | -$9,389 | $7,782 |
| 3,791.439 USAA T/E SHORT TERM | P | 2023-10-20 | $38,483 | -$1,137 | -$1,137 | $37,346 |
| 13,722.019 VANGUARD EQUITY INCOME | P | 2023-11-06 | $1,170,429 | -$38,362 | -$38,362 | $1,132,067 |
| 3,220.016 VANGUARD INT'L GROWTH ADM | P | 2023-12-06 | $317,033 | $2,167 | $2,167 | $319,200 |
| 2,457.637 FIDELITY ADV FOC'D EM MKT | P | 2023-12-19 | $99,583 | -$31,015 | -$31,015 | $68,568 |
| 650 RAND CAP CORP | P | 2024-01-29 | $12,848 | -$4,290 | -$4,290 | $8,558 |
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,463 | -$2,463 | $10,385 |
| 650 RAND CAP CORP | P | 2023-08-23 | $18,602 | -$10,061 | -$10,061 | $8,541 |
| 650 RAND CAP CORP | P | 2023-10-23 | $18,602 | -$10,120 | -$10,120 | $8,482 |
| 235.088 VANGUARD SMALL CAP GROWTH | P | 2023-11-06 | $17,514 | -$247 | -$247 | $17,267 |
| 6,682.786 VANGUARD DEVELOPED MKTS | P | 2023-12-06 | $105,321 | -$6,817 | -$6,817 | $98,504 |
| 2,977.259 FIDELITY GROWTH COMPANY | P | 2023-12-19 | $79,975 | $18,215 | $18,215 | $98,190 |
| 125,000 LLANO TX 4% 2/15/24 | P | 2024-02-15 | $125,000 | $125,000 | ||
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,532 | -$2,532 | $10,316 |
| 8,171.704 DELAWARE IVY MIDCAP | P | 2023-08-23 | $359,228 | -$118,653 | -$118,653 | $240,575 |
| 650 RAND CAP CORP | P | 2023-10-26 | $18,602 | -$10,117 | -$10,117 | $8,485 |
| 10,420 VANGUARD DEVELOPED MKTS | P | 2023-11-06 | $170,994 | -$23,445 | -$23,445 | $147,549 |
| 650 RAND CAP CORP | P | 2023-12-07 | $18,602 | -$10,269 | -$10,269 | $8,333 |
| 41,533.167 VANGAURD DEVELOPED MKTS | P | 2023-12-19 | $165,055 | -$7,057 | -$7,057 | $157,998 |
| 650 RAND CAP CORP | P | 2024-02-16 | $12,848 | -$4,148 | -$4,148 | $8,700 |
| 700 RAND CAP CORP | P | 2023-08-24 | $20,033 | -$11,118 | -$11,118 | $8,915 |
| 200,000 UNITED STATES TR NOTE.375% | P | 2023-10-31 | $199,859 | $141 | $141 | $200,000 |
| 650 RAND CAP CORP | P | 2023-11-08 | $18,602 | -$10,074 | -$10,074 | $8,528 |
| 200,000 FEDERAL HOME LOAN BANK .25% | P | 2023-12-08 | $200,299 | -$299 | -$299 | $200,000 |
| 2,000 FIRST FINANCIAL BANKSHARES INC | P | 2023-12-20 | $44,638 | $15,864 | $15,864 | $60,502 |
| 150,000 FEDERAL HOME LOAN BANK 5.15% | P | 2024-02-28 | $150,000 | $150,000 | ||
| 2,824.859 VANGUARD SHORT TERM TX-EX | P | 2023-09-21 | $44,237 | -$226 | -$226 | $44,011 |
| 650 RAND CAP CORP | P | 2023-11-01 | $18,602 | -$10,153 | -$10,153 | $8,449 |
| 650 RAND CAP CORP | P | 2023-11-08 | $18,602 | -$10,029 | -$10,029 | $8,573 |
| 650 RAND CAP CORP | P | 2023-12-11 | $18,601 | -$9,743 | -$9,743 | $8,858 |
| 2,000 SOUTHSIDE BANCSHARES INC | P | 2023-12-20 | $34,450 | $29,428 | $29,428 | $63,878 |
| 650 RAND CAP CORP | P | 2024-03-31 | $12,848 | -$3,891 | -$3,891 | $8,957 |
| 4,838.71 USAA SHORT TERM BOND | P | 2023-09-21 | $42,581 | -$291 | -$291 | $42,290 |
| 80,000 LONGVIEW TX .846% 6/1/25 | P | 2023-11-03 | $74,328 | -$340 | -$340 | $73,988 |
| 10,485.595 VANGUARD EQUITY-INCOME | P | 2023-11-08 | $813,049 | $44,778 | $44,778 | $857,827 |
| 100,000 BEXAR CNTY TX HOSP DIST 4% | P | 2023-12-14 | $101,596 | -$1,545 | -$1,545 | $100,051 |
| 650 RAND CAP CORP | P | 2023-12-20 | $18,602 | -$9,969 | -$9,969 | $8,633 |
| 650 RAND CAP CORP | P | 2024-04-30 | $12,848 | -$3,918 | -$3,918 | $8,930 |
| 1,787.31 VANGUARD LTD-TERM TX-EX | P | 2023-09-21 | $19,303 | -$304 | -$304 | $18,999 |
| 267.33 DELAWARE IVY MID CAP | P | 2023-11-06 | $7,669 | -$315 | -$315 | $7,354 |
| 18,449.457 FIDELITY GROWTH COMPANY | P | 2023-11-08 | $564,969 | -$11,854 | -$11,854 | $553,115 |
| 140,000 TAMU 1.041% 5/15/26 | P | 2023-12-14 | $132,794 | -$6,149 | -$6,149 | $126,645 |
| 250,000 FEDERAL HOME LOAN BANK .625% | P | 2023-12-22 | $249,433 | $567 | $567 | $250,000 |
| 650 RAND CAP CORP | P | 2024-06-30 | $12,848 | -$2,749 | -$2,749 | $10,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$274,613 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,931 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $11,931 | SubtotalAmt |
| Tax Based On Investment Income | $11,931 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $40,195 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $40,195 | TotalPaymentsAndCreditsAmt |
| Overpayment | $28,264 | OverpaymentAmt |
| Applied To ES Tax | $28,264 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHSIDE BANK | BusinessNameLine1Txt |
| Business Name Line2 | WEALTH MANAGEMENT & TRUST | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9366313548 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75915 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SOUTHSIDE BANK WEALTH MANAGEMENT | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759152020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $22,057,690 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,379,636 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $39,698 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,477,024 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $28,477,024 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $427,155 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,049,869 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,402,493 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,402,493 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,931 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,931 | TotalTaxAmt |
| Distributable Before Adj | $1,390,562 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,390,562 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,390,562 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $44,992,030 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $44,992,030 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,390,562 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $1,124,305 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $325,521 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $495,354 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,945,180 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $44,992,030 | QualifyingDistributionsAmt |
| Applied To Current Year | $1,390,562 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $43,601,468 | RemainingDistriFromCorpusAmt |
| Total Corpus | $45,546,648 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,124,305 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $44,422,343 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $325,521 | ExcessFromYear2Amt |
| Excess From Year1 | $495,354 | ExcessFromYear1Amt |
| Excess From Current Year | $43,601,468 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SOUTHSIDE BANK WEALTH MANAGEMENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 152020 | AddressLine1Txt |
| City | LUFKIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 759152020 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9366313548 | RecipientPhoneNum |
| Form And Info And Materials | A LETTER DESCRIBING USE OF REQUESTED FUNDS AND EXEMPT STATUS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | DONEE MUST BE A CHARITABLE ORGANIZATION. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| CHO YEH CAMP & CONFERENCE | ||||||||
| 2200 S WASHINGTON AVE | LIVINGSTON | TX | 77351 | NONE | PC | GENERAL OPERATIONS | $300,000 | |
| MEDICAL BENEVOLENCE FOUNDATION | ||||||||
| 9555 W SAM HOUSTON PKWY S | HOUSTON | TX | 77099 | NONE | PC | GENERAL OPERATIONS | $21,444,959 | STE 170 |
| ST LUKE'S FOUNDATION | ||||||||
| 11327 SHAKER BLVD 600W | CLEVELAND | OH | 44104 | NONE | PC | GENERAL OPERATIONS | $1,500,000 | MC 3-206 |
| WINNIE BERRY HUMANE SOCIETY | ||||||||
| 1102 N JOHN REDDITT DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $10,000 | |
| AUSTIN COLLEGE | ||||||||
| 900 N GRAND AVE | SHERMAN | TX | 75090 | NONE | PC | GENERAL OPERATIONS | $21,636,272 | |
| BUCKNER FAMILY PLACE | ||||||||
| 3402 DANIEL MCCALL DR | LUFKIN | TX | 75904 | NONE | PC | GENERAL OPERATIONS | $50,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $44,941,231 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $264 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $930,648 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$274,613 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $656,299 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $656,299 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| CLIFFORD J GRUM ESTATE | |||||||
| 1 | P O BOX 152020 | LUFKIN | TX | 75915 | $9,163 | Yes (X) | |
| MARY K GRUM REAL ESTATE MARITAL TR | |||||||
| 2 | P O BOX 152020 | LUFKIN | TX | 75915 | $1,930,687 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 2 | ContributorNum |
| Noncash Property | SEE SCHEDULE 2 | NoncashPropertyDesc |
| Fair Market Value | $1,523,721 | FairMarketValueAmt |
| Received | 2023-08-24 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AXLEY & RODE, LLP | CategoryTxt |
| Amt | $8,500 | Amt |
| Net Investment Income | $4,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,250 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (13 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 12,509.039 DELAWARE IVY MID CAP | $364,231 | $383,277 |
| 4,645.046 FEDERATED HERMES KAUFMANN | $219,291 | $229,790 |
| 10,257.578 FIDELITY ADV FOCUSED EMRG | $328,198 | $320,447 |
| 3,781.518 FIDELITY GROWTH COMPANY | $71,395 | $151,979 |
| 3496 FIRST FINL BANKSHARES | $78,026 | $103,237 |
| 466845 ILUMNO HOLDINGS | $2,731,043 | $112,043 |
| 251 RAND CAP CORP | $4,961 | $3,820 |
| 38605 SOUTHSIDE BANCSHARES INC | $546,232 | $1,065,884 |
| 20849.964 VAN SMALL CAP | $84,412 | $102,988 |
| 944.003 VANGUARD 500 INDEX | $243,902 | $475,551 |
| 16,880.639 VANGUARD DEVELOPED MARKET | $237,149 | $267,389 |
| 11343.013 VANGUARD SMALL CAP ADM | ||
| 826.796 VG EQUITY INCOME | $58,122 | $73,535 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $199,562 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $197,266 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $148,728 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $143,307 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (17 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 150000 AMERICAN EXPRESS BANK | AT COST | ||
| 249000 BANKUNITED .55% | AT COST | ||
| 12,350.716 BRANDYWINE HIGH YIELD I | AT COST | $142,280 | $125,113 |
| 50000 GOLDMACH SACHS .4 | AT COST | ||
| 245000 EVERGREEN BANK GROUP | AT COST | ||
| 249000 FIRST NATIONAL BK CD .6% | AT COST | ||
| 200000 GOLDMAN .65 10/07/24 | AT COST | ||
| 250000 LIVE OAK .55 10/01/24 | AT COST | $250,000 | $246,898 |
| 250000 TOLLESON BK .3% | AT COST | ||
| 1168.434 VANGUARD INTER TERM INV | AT COST | $11,684 | $9,943 |
| 16963.065 VANGUARD HIGH YIELD CORPOR | AT COST | $101,270 | $91,092 |
| 2875.815 VANGUARD BD INDEX FD INC | AT COST | $28,959 | $27,263 |
| 791.146 VANGUARD LT GVT BD | AT COST | $22,991 | $15,285 |
| 1096.720 VANGUARD M/B SEC INDX | AT COST | $22,831 | $19,832 |
| 4983.037 VANGUARD ST CORP BOND | AT COST | ||
| 2.971209% ACCESS VENTURES PRTNRS III | AT COST | $464,070 | $2,070,628 |
| 250000 CAPITAL ONE NATL ASSN 3.4 | AT COST |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CHAMBERLAIN, HRDLICKA, WHITE | $4,860 | $2,430 | $2,430 |
| CHANCE LAW FIRM | $2,113 | $1,056 | $1,057 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID FIT | Desc |
| BOY Book Value | $40,195 | BOYBookValueAmt |
| EOY Book Value | $28,264 | EOYBookValueAmt |
| EOYFMV | $28,264 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| K-1 NONDEDUCTIBLE EXPENSES | $14,005 |
| FMV ADJ ON RECEIVED STOCKS | $32,660 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| BOND AMORTIZATION | $21,780 | $21,780 | |
| MISCELLANEOUS EXPENSE | $74 | $37 | $37 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FMV ADJ ON DONATED STOCKS | Desc |
| Amt | $2,025,236 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SOUTHSIDE BANK-FIDUCIARY FEES | CategoryTxt |
| Amt | $86,051 | Amt |
| Net Investment Income | $43,026 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $43,025 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $11,931 | Amt |
Comments